The Latvian Golden Visa program offers individuals the opportunity to obtain residency in Latvia through investment. To qualify for this program, applicants must meet several key criteria. Below is a comprehensive overview of the eligibility requirements:
1. Age Requirement
Applicants must be at least 18 years old to be considered for the program.
2. Non-EU Citizenship
Only individuals from countries outside the European Union are eligible to apply for the Latvian Golden Visa.
3. Clean Criminal Record
A clean criminal record is mandatory, demonstrating that the applicant poses no threat to public safety or order.
4. Health Certificate
A valid health certificate must be provided, confirming that the applicant meets the health requirements for residency.
5. No Outstanding Tax Liabilities
Applicants are required to have no unresolved tax liabilities in any country worldwide.
6. Financial Resources
Proof of sufficient financial resources is essential to ensure that the applicant and their family can sustain themselves while living in Latvia.
7. Investment Commitment
Applicants must retain their investment in Latvia for a minimum of five years to maintain eligibility.
8. Health Insurance
A health insurance policy with a minimum validity of one year must be secured for the applicant and any accompanying family members.
By fulfilling these requirements, individuals can take the first step toward acquiring a Latvian Golden Visa, which offers a pathway to residency and numerous benefits within the European Union.